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"The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities."
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"The chance that you will become a master in something after the first attempt is neither here nor there. You don't get master's degree by attending school on the first day! Time will tell, so you got to persist!"
"Today I can joyfully say that one of the best undertakings I have ever made was to study the subject of responsibility."
"Education is not only learning the information, but it is also about gaining experience to unlock the door to wisdom."
"Teenagers are never joking. when seeking to prove a point, principals and teachers should remember that teenagers are never, ever sarcasic or ironic. if they say "I wish someone would drop a bomb on this school right now," that means they have arranged for a nuclear arsenal to be emptied onto the school and should be immediately suspended and ridiculed. if they say they were merely coming up with a joking excuse to postpone a bio test, reply that all jokes are funny, and that since dropping a bomb on a school is not funny, it is therefore not a joke."
"Although he didn't care much about any subject for its own sake, he cared a great deal about marks (grades or comparisons)."
"Intellectual death is endemic in areas where people are not prepared to gain new information for development. Learning is the intervention!"
"Common sense is in spite of, not as the result of education."
Explore more quotes by Joseph E. Stiglitz
"Amherst is a liberal arts college, committed to providing students with a broad education."
"I, like many members of my generation, was concerned with segregation and the repeated violation of civil rights."
"Amherst was pivotal in my broad intellectual development; MIT in my development as a professional economist."
"The notion that every well educated person would have a mastery of at least the basic elements of the humanities, sciences, and social sciences is a far cry from the specialized education that most students today receive, particularly in the research universities."
"But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs."
"The extra curricular activity in which I was most engaged - debating - helped shape my interests in public policy."
"I went to public schools, and while Gary was, like most American cities, racially segregated, it was at least socially integrated - a cross section of children from families of all walks of life."
"As I noted in my Nobel lecture, an early insight in my work on the economics of information concerned the problem of appropriability - the difficulty that those who pay for information have in getting returns."
"I knew that discrimination existed, even though there were many individuals who were not prejudiced."
"If stability and efficiency required that there existed markets that extended infinitely far into the future - and these markets clearly did not exist - what assurance do we have of the stability and efficiency of the capitalist system?"
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